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Topic: It is not easy to make money in cryptocurrency - page 10. (Read 10362 times)

hero member
Activity: 2464
Merit: 594
Whether it is a cryptocurrency or not, even if there is the capital, it is still difficult to earn and also lose sometimes, especially if you are not interested in the business you entered, and when it comes to crypto, you may have just the wrong project of your investment.  But honestly, there are many ways to make money in the crypto world.  It only takes time and effort, always you need to study and learn first.  Also, remove the thought or craving to earn big immediately because it all starts small.  When it comes to airdrops and bounties, you do not have to join them all, you should also learn to look good and have the potential of projects because many also just end up in scams.
hero member
Activity: 1246
Merit: 502
Its not easy to make money especially with zero fund, try to work on crypto project dont only hoping from airdrop. Even bounty also very hard to give us good payment now. But one thing for sure. I believe if you put your money on the right project you will make a lot of money. I put small investment to XSL Labs hoping thia project will change the way people did KYC for dapps and gives me good return to my investment.
sr. member
Activity: 1106
Merit: 310
it will depend on how , where you are going to invest your money, its not that hard to earn money in crypto the problem with other crypto investor is that, when they already have profit they wan't bigger reward, greed sometimes stop you from earning, if there is already profit take it don't ask for more a profit is a profit.
sr. member
Activity: 896
Merit: 250
i know people who made fast money in short term and i know people who lost everything in one Moment.

eventhough if you are lucky you will make Profit 😅
Indeed, here we can get quick profits like using Laverage trading. but you must understand about the risks. remember fast profits certainly have a high risk. if we are still learning in Spot trading and still have not mastered it, it is not advisable to try Future trading because the risk behind it is quite high and this we must understand. and also it requires capital
member
Activity: 219
Merit: 14
i know people who made fast money in short term and i know people who lost everything in one Moment.

eventhough if you are lucky you will make Profit 😅
hero member
Activity: 2492
Merit: 542
OP your statement cannot be applied to some people who have some funds to invest in crypto if you have money worth $1k-$5k and invest you can multiply it to x20 or x50 in just 3-5 months you need skills and be educated in crypto before you enter and make huge profit since its a lot of risk but also a lot of opportunities if you have no enough money to gamble in crypto then you have to work hard first and save a portion of it to invest like most people are doing. 
full member
Activity: 896
Merit: 115
Nothing is easy, thats how life was built, you have to work hard and labour for whatever you want including making money. In cryptocurrency you have to be wise and careful especially if you are a trader or investor so that you don't lose your money while trying to invest it or trade with it. There will surely be some loses. But your gains should be more than your loses.
hero member
Activity: 1400
Merit: 505
The easiest way to make money in crypto is through accumulation when crypto bear market begins and most popular projects have lost 95% of their worths or value that's the best time to accumulate and also never get tired of holding because many people are holding since 2018 and later got tired of holding and sold all their coins and tokens, you will need big patience to see this work too
There is no debate about when to invest and the bear market is always the best time to invest and the patience to hold for a few years to make a astounding profit but you need to invest in the right project that can be trust as there are several projects in the market that will cease to exist in the next few years and if you can identify those then you will make a fortune in the market.
full member
Activity: 1008
Merit: 101
what you are saying is true, those who say $ 100 or more are just an airdrop scam, we know that the market is unpredictable and many tokens are worthless when already traded. their promise is only to have more followers on twitter and telegram. making money is not as easy as we imagine and all we have to do is be careful and use the knowledge we have to determine the project
jr. member
Activity: 1876
Merit: 5
Now, in the world of modern technologies, it has become very fashionable to make money on the Internet on cryptocurrency. This is just a unique opportunity to receive a stable income while sitting at home at the computer. And this income can be made from anywhere in the world, just to have the Internet. I believe that anyone can earn money in the cryptoindustry. To do this, you just need a little effort and knowledge for successful earnings will come over time. If a person wants, he will inappropriately receive a positive result.
hero member
Activity: 1008
Merit: 540
A lot of luck is needed as well as good knowledge to make money in this market. Sometimes you cannot make a profit from the money you hold for months, sometimes you can make very good money with a few trades.
Well you can't just depend on luck which something to say when theres luck theres money? Of course not you need to learn when you learn remove l from it then start to earn it is not easy way just to put your money there and it will grow of most people now are lazy and want the easiest way to earn money however they just putting all eggs in one basket which is not that good when you really are into profit then you need to set a goal you need to put those eggs into different boxes it always your choice when you wanna be. There are a lot of choices that you need to choose just don't put all into one just follow your guts and don't depend on luck.
full member
Activity: 231
Merit: 102
It's always harder now then before. I mean, you could easily mine BTC or some first alts like doge 8 years ago. You could earn money by investing in good ICO or by signature bounty 4 years ago easily. Now it's harder to earn that way, but it is easier if you just buy btc or other coin with money when market is in bear phase. That does not necessarily mean that it will become harder and harder as time pas to earn money by let's say bounty campaigns. Maybe 5 years from now will become another golden year for bounty again.
full member
Activity: 1036
Merit: 100
Believe me my friend, anywhere in the world, it is not easy to make money. If you see any airdrop that promises 100$, 200$, 300$, 500$ and above just for referring peeps, or sharing post online, then it is atmost 99% fraudulent.

Likewise, if you see trade signals that promises certainty, or bounties that promises you a fixed price for your token, be wary. It is not that easy nor realistic.

what are you saying here is your experience? as you meant to get that much Airdrop prize, I think it is impossible and it will not happen, you need to know that there are no instant results in cryptocurrency, it all requires effort and hard work and don't complain.
hero member
Activity: 2002
Merit: 534
A lot of luck is needed as well as good knowledge to make money in this market. Sometimes you cannot make a profit from the money you hold for months, sometimes you can make very good money with a few trades.
that's the point of analysis before taking action. Before you determine an asset you must first analyze that asset is more suitable for trading or investment. market character is also product analysis is very important to create profits. it is not easy, but there are also those who are lucky to come within months of the bus to get big profits.

I agree, it is all about doing the proper research. We can make money in so many different altcoins, but if we don't do the research necessary the risks of losing money is quite high. Luck might help us once or twice, but we can't be relying all the time on luck. Also I think it is sometimes better to go for the smaller profits because they are not as risky.
TWW
full member
Activity: 1456
Merit: 109
A lot of luck is needed as well as good knowledge to make money in this market. Sometimes you cannot make a profit from the money you hold for months, sometimes you can make very good money with a few trades.
that's the point of analysis before taking action. Before you determine an asset you must first analyze that asset is more suitable for trading or investment. market character is also product analysis is very important to create profits. it is not easy, but there are also those who are lucky to come within months of the bus to get big profits.
hero member
Activity: 1316
Merit: 502
I agree, making money is not easy as what others are thinking. Making money requires knowledge, hardwork, and efforts especially in the crypto industry. If you don't have enough to knowledge in investing or trading then it is not better to engage with it. And there are times that you may lose some funds investing, it is important to be ready to take risks once you want to make money.
True, most people who are new to crypto tend to want to get rich quicker instantly, even though that is very wrong, because they should learn a few things first before making a risk that might be very high for them.
Instant wealth can only be a lottery or gambling, in crypto the concept of instant wealth is almost impossible because this market needs accumulation, change and development, without such prerequisites, the value of an altcoin cannot rise and besides this matter, we have hundreds of altcoins to mine, filtering and selection is a difficult and time-consuming thing, and all shows that the process of making money here is not simple. But over time, experience and knowledge, plus our choices, all will yield a good result, 2021 is probably the time when we laugh the most.
full member
Activity: 518
Merit: 185
A lot of luck is needed as well as good knowledge to make money in this market. Sometimes you cannot make a profit from the money you hold for months, sometimes you can make very good money with a few trades.
member
Activity: 431
Merit: 11
I agree, making money is not easy as what others are thinking. Making money requires knowledge, hardwork, and efforts especially in the crypto industry. If you don't have enough to knowledge in investing or trading then it is not better to engage with it. And there are times that you may lose some funds investing, it is important to be ready to take risks once you want to make money.
sr. member
Activity: 840
Merit: 255
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Typically true that making cash in Crypto currency isn't simple. I believe it isn't as it were for Crypto currency but also for any stage. But in case you work difficult and in case you have got imagination at that point making cash will be exceptionally simple for you. In Crypto money advertise are blending with scammer that most of the time projects fall down. For this reason individuals can not make cash effortlessly.
member
Activity: 574
Merit: 24
The easiest way to make money in crypto is through accumulation when crypto bear market begins and most popular projects have lost 95% of their worths or value that's the best time to accumulate and also never get tired of holding because many people are holding since 2018 and later got tired of holding and sold all their coins and tokens, you will need big patience to see this work too
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